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Brazil to probe Oi-Portugal Telecom merger, Valor says

2016-02-02 16:58:55| IT Services - Topix.net

Feb 2 Brazil's securities industry watchdog is poised to launch an investigation into Oi SA's acquisition of Portugal Telecom SGPS SA, on suspicion that key shareholders in both companies were aware of irregularities surrounding the deal, newspaper Valor Economico said on Tuesday. The watchdog, known as CVM, will look into whether Oi's and Portugal Telecom's controlling shareholders might have known ahead of time about potential losses in Portugal Telecom that ended up souring the transaction, Valor said, citing a document.

Tags: brazil valor telecom probe

 

Brazil to probe Oi-Portugal Telecom merger, Valor says

2016-02-02 15:55:58| Telecom - Topix.net

Feb 2 Brazil's securities industry watchdog is poised to launch an investigation into Oi SA's acquisition of Portugal Telecom SGPS SA, on suspicion that key shareholders in both companies were aware of irregularities surrounding the deal, newspaper Valor Economico said on Tuesday. The watchdog, known as CVM, will look into whether Oi's and Portugal Telecom's controlling shareholders might have known ahead of time about potential losses in Portugal Telecom that ended up souring the transaction, Valor said, citing a document.

Tags: brazil valor telecom probe

 
 

Cubic Telecom And iBasis Connect To Enable Next Gen' Roaming For Connected Cars In Europe And Future IoT Services

2016-02-02 07:46:04| wirelessdesignonline News Articles

iBasis, a KPN company, and Cubic Telecom, a global connectivity platform provider, have implemented an LTE Roaming solution that uses iBasis’ global LTE footprint, hosted Diameter Signaling service and custom development to enable Cubic’s intelligent Multi-IMSI solution for connected cars and other future IoT/M2M applications.

Tags: services future europe cars

 

Saudi Telecom ups Viva stake but fails to take sole ownership

2016-02-01 01:00:00| Total Telecom industry news

Following tender offer, STC will hold just over half of Kuwaiti company once transaction is completed.

Tags: ups ownership sole telecom

 

BT closing EE deal as telecom giant - with Openreach as room's elephant

2016-01-30 07:54:40| Telecom - Topix.net

Today is when longtime UK incumbent telecom BT Group completes its acquisition of EE , the country's largest mobile network, creating a beast that has competitors concerned about market power. That leaves Openreach, the company's fixed-line infrastructure arm, as the hot topic.

Tags: with deal rooms closing

 

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